10 Companies Who Profit from War

2. BAE Systems
Arms sales 2010: $32.88 billion
Total sales 2010: $34.61 billion
Arms sales as pct. of total sales: 95 percent
Total profit: $1.67 billion
Total employment: 98,200
Sector: Aircraft, Artillery, Electronics, Missiles, Military vehicles, Small arms/ammunition, Ships

BAE Systems is an UK based aerospace and defense contractor. BAE Systems, Inc., which is a U.S. subsidiary, is the seventh largest weapons manufacturer in the world. They mainly provides services in the sector of defense, security, electronics and systems integration, cyber and intelligence, military and technical services, IT and information systems and consultancy services. This British company was formed in 1999 with the merger of Marconi Electronics (which was at the time a subsidiary of GE) and British Aerospace. BAE produces weapons for almost every major military category, including aircraft, defense, naval vessels, electronics, vehicles and small arms. Some of its major products are M2/M3 Bradley fighting vehicle, the F-35 Joint Strike Fighter, the Type 45 destroyer and the Astute- class nuclear submarine.